Buffett's Latest Bargain: Berkshire Hathaway

Warren Buffett may be nearing the end of his 47-year tenure at Berkshire Hathaway. The shares are trading as if he's already gone. Andrew Bary joins Markets Hub to discuss.

This transcript has been automatically generated and may not be 100% accurate.

... I ... if you're looking for a stock or when we got one for yet ... haha went for a ... correction on ... tap to a mean you were to write a company run by Warren Buffett ... the stock is on telling the stock is cheap ... and stock is cheap folks on that thank ... you can see right there for yourself it's only a hundred twenty thousand dollars ... Q filing for Sunday's for that and I'm in is a class B shares ... little more portable their eighty five dollars Why is Berkshire Hathaway in Oregon ... and berries to tell us ... the main Berkshire offer good value based on its book value and film relative to its Brookside which is to share a link with the company the company actually pretty attractive the price the stock is traded less than one point ... two times its book value which is historically pretty low right now ... it is that that class AMP's share tinkling in read only a broker at the same went for lesson about one point one five times the price the money painted window ... be out of the book value for a ... very strong group of businesses which are a lot of money right now ... I and and what he think that is a mean everyone knows the name or Puffin everyone knows the company a lot of companies are a household names ... cute conglomerate wildly profitable was thirteen billion last year ... why isn't it valued and you know it it sounds crazy that his conversation about a hundred twenty thousand dollars top but ... why isn't it dies it it's ironic because despite all the adulation he gets people would never not that excited by Falcon last couple years and maybe they need is a big issue the city two years though people are wondering ... Hamish martini and ... run the company famous derided for as long as possible so can be a no no I mean five years or so a more but people are worried about that and that Delco succession issue ... yet ... but he certainly is healthy right I mean he seems healthy and on TV all great that I see the more than I ... yet he he looks good he seems well ... let's talk about the succession issue actually is they don't have a clear cut plan today or they will then have a plan to have the of the pub yet we mean the heir apparent that people thought was to succeed David Sokol left with him made him a bombing and ... trading from stock Lubrizol ... but that's not quite you know obviously can see right now with the euro ... the good news is he had run into good ... investing people Todd Combs and Ted Wexler who are wanting partly invested portfolio anything done quite well I think that's a pretty good hands but ... the top job is still too much in question when entered into with Kennedy After abundantly ... as part of the two I mean is as much of the companies are well known the name of religion or going to be the lead in a few years to ... I've used real growth stocks are these really Khona value stock added unseemly has a lot of high tech ... we want to give me any standard but he wrote in a sexy done quite well for people I mean ... Burlington Northern to be worth fifty percent when when pay for a couple years ago and that there could be worth fifty billion dollars of that which is when a lot of money ... into them of housing related stocks in right ... yes even when the hot investment themes this year and virtually nothing if there are often that they are a corporate company ... they aren't paying company on Greek company on a real estate broker mean Commission of ... Kenya began housing ... stocks with the nipples big insurance businesses in Burlington Northern ... the one on ... top of him potential acquisitions riding the same year are looking an awful it fell through ... clearly they're sitting on mountains of money are the in June twenty oh one but it's me do a deal he said that to twenty billion dollar deals he ... almost came to for wishing backed debt fell through and here I think one company making it to be chubby of property gas each year which is it me or a ... PC company so that's one company is very hard to predict what he was like ... what what what it would buy me no one would a project that Daddy would by Lubrizol widget elected acquisition in the bushes the chemical company ... so it's pretty hard to predict what he will try ... again this is the options of company so ... yes to find the right situation where ... the company selling is now one option the company which is not easy to find the ... right and you appreciate the time hundred twenty thousand dollars ... she stock radical form of the PRI